Blenheim Chalcot, a prominent tech and digital venture builder, is making a significant move to the United States, establishing a new base in New York.
Founded in the United Kingdom in 1998, Blenheim Chalcot specialises in the creation of digital businesses and is proactively expanding its presence to capitalise on the rapid growth of its FinTech, EdTech, and AI-powered companies. Currently managing assets worth $1.1 billion and employing over 3,000 individuals, Blenheim Chalcot continues to strengthen its global footprint. The New York office joins its existing locations in Mumbai, India, and in the UK cities of Nottingham and London.
In this strategic US expansion, two of Blenheim Chalcot’s FinTech ventures, Salary Finance and Liberis, are among the seven companies making their entry into the American market. Dan Cobley, managing partner of FinTech at Blenheim Chalcot, emphasised the importance of this move, stating, “The UK is established as a world-leader in FinTech and the time is ripe for the talent and technology within these companies to make their move in the US market. We’re going to be working closely with the firms to help them navigate the regulatory divergence across states, which often restricts the ability of FinTech businesses to scale in the US. There is huge demand for the products they’ve developed, and New York is the perfect launchpad for making new connections with potential customers.”
Meanwhile, Blenheim Chalcot’s education technology firms, Hive Learning and AVADO Learning, are also set to expand their operations in the US. Co-founder Charles Mindenhall highlighted the achievements of these companies in the UK, stating, “We’re very proud of what these companies have achieved in the UK with the technological solutions they’ve brought to market. As the pace of change in business continues to accelerate as a result of these advancements in tech, it’s vital that everyone in the workforce has access to the training they need to move forward in their careers. Our EdTech companies have been playing their part in making this possible and they can have an even bigger impact in the US.”
Blenheim Chalcot’s strategic expansion into the US market reflects its dedication to leveraging technological advancements and meeting the growing demand for innovative solutions in both FinTech and EdTech sectors.